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Money Island is an unincorporated community and census-designated place (CDP) that is the smallest and most remote of five rural communities that make up Downe Township in Cumberland County in the U.S. state of New Jersey. The road that led to the development of Money Island was constructed in the late 1930s. In the 1940s, the first homes were constructed in the community. The community is located on the shore of the Delaware Bay on the southern side of Nantuxent Creek. Its location may be described as the southwest corner of New Jersey.